Keegan Tracy L 4
4 · BANK OF FLORIDA CORP · Filed Mar 19, 2010
Insider Transaction Report
Form 4
Keegan Tracy L
Chief Financial Officer
Transactions
- Sale
Common Stock
2010-03-17$1.02/sh−2,599$2,651→ 4,311 total
Holdings
- 10,000
Stock Option
Exercise: $22.70From: 2007-01-01Exp: 2016-01-01→ Common Stock (10,000 underlying) - 12,000
Restricted Common Stock
- 1
Series B Preferred Stock
Exercise: $25000.00From: 2009-06-29Exp: 2011-01-01→ Newly issued securities - 2,609(indirect: By 401(k))
Common Stock
- 2,800
Stock Option
Exercise: $20.50From: 2008-01-03Exp: 2017-01-03→ Common Stock (2,800 underlying) - 10,000
Restricted Common Stock
- 1
Warrants
Exercise: $3.47From: 2009-06-29Exp: 2019-06-29→ Common Stock (720 underlying)
Footnotes (5)
- [F1]Vests in three annual installments beginning on this date.
- [F2]Vests in five annual installments beginning on this date.
- [F3]Becomes non-forfeitable on the third anniversary of the date of grant, provided there have been at least four consecutive quarters of profitability over the three year period.
- [F4]Becomes non-forfeitable over a five year vesting period beginning on the first anniversary of the date of grant.
- [F5]If BOFL conducts any offering for the sale of newly issued securities the Series B Preferred Stock is convertible into the newly offered securities at an exchange rate of $25,000 worth of new securities for each share of Series B Preferred Stock.